Shenzhen Longhua Lists Residential Land Parcel for Sale with Starting Price of 1.684 Billion Yuan

Published: Jun 6, 2025 17:12

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[Shenzhen Longhua Lists a Residential Land Parcel for Sale]
Shenzhen Municipality has issued a notice on the transfer of state-owned construction land use rights, proposing to transfer a residential land parcel in Longhua District through a listing process, with a starting price of 1.684 billion yuan. According to the land parcel information, Plot A802-0309 is located in Minzhi Subdistrict, Longhua District, designated for Class II residential use. The land area is 21,820.58 m², with a construction area of 61,090 m². The starting price for the listing is 1.684 billion yuan, and the starting floor price is 27,566 yuan/m². The transfer conditions indicate that the residential construction area of the plot is 59,870 m², and the commercial construction area of 600 m² is allowed to be divided and transferred. The property rights of the childcare institution belong to the government and shall be handed over free of charge by the successful bidder upon completion. Construction of the plot must commence within 1 year from the date of signing the "Transfer Contract" and be completed within 4 years. The land parcel will be traded on July 7.

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